News
Vertiv backlog reaches 15 billion dollars with delivery timelines extending to 18 months
Wednesday, February 11, 2026 at 11:45 AM
Vertiv reported a $15 billion backlog, marking a 57% sequential increase and more than double the prior year's figures. The backlog consists entirely of binding purchase orders with an elongated delivery window of 12 to 18 months, often including advanced payments.
Context
Vertiv recently announced massive fourth-quarter results, driven by an unprecedented surge in demand for artificial intelligence data center infrastructure. The company reported that Q4 2025 organic orders jumped 252% year-over-year and 117% sequentially to reach approximately $8.4 billion, far exceeding market expectations of roughly $4 billion. This explosive growth was primarily fueled by large-scale deployments in the Americas and aggressive expansion by hyperscale and colocation data center providers.
The record-breaking order volume has pushed Vertiv’s total backlog to $15 billion, representing a 109% increase over the previous year. With a staggering book-to-bill ratio of 2.9x for the quarter and trailing twelve-month organic orders up 81%, the company is now positioning itself for significant revenue acceleration in 2026. Management expects the AI power and cooling supercycle to remain a multi-year tailwind as the industry shifts toward higher-density compute environments that require the company's specialized thermal and power management solutions.
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